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• <br />0 <br />RESOLilTIOi~.t ;~;o, 650 <br />WHEREA>, heretofore, the City Council of the City of Paris has <br />authorized the purchase of a certain tract of land 75 x 87 feet located <br />at the i.ntersection of the Vlest Boundary Line of South Church Street <br />and the Sout?~ Boundary Line of rast Kauf*nan Streets fronting 87 fPet on <br />the Sottth Boundary Line of East KaufMan Street and 75 feet on the InTest <br />13oundary Line of South Church Street; and, <br />WHE-pEAS, the Continental Oil Comnany, a corporation, is in the <br />??roc.ess of makincr conveyance to the City of Paris of ±he aforesaid <br />pronerty; and, <br />'F'JHFRFAS, the Continental Oil Company, a corporation, desires to <br />lease said nroperty from the City of Paris for the purnose of continuing <br />its tilling station operations for a neriod of one (1) Year, or until <br />such time as the City of Paris is ready to reanodel and use the properties; <br />anc!, <br />I <br />4?jE?EAS, the Cit-; of Paris cioes not anticipate that it will <br />begin to use the property prior to Titly lst of 1957, id94, THKuEFOR_F_., <br />RE Ii RESOI,Vr,D BY "'HT CITY COUAiCIL OF 'I'7HE, C_T1*y Op p,r1RT5; <br />1^hat the Cit« of Faris lease said properties to the Continental <br />Oil Company, a corporation, the rental thereon to be one cent (1¢) »er <br />gallon of the gasoline sold on said prarises, and that the 1ea.se provide <br />for cancellation upon thirty (30) days written notice upon any firsl= of <br />the montn following the lst day of ?r1ay, 1957; otherwise tne lease to be <br />for one year frnm the date of Decenber 1, 1956. The City ~Manacrer is <br />hereby authorized and directed to er,ter into such lease with the Coritinental <br />Oil Companv, a corporation. <br />Passed and adop±ed tnis 22nd nay of October., A.D,, 1956. <br />Ar?'TEa , <br /> <br />City Clerk. <br />APPROVED 113 T0 FORi<;; <br />City A+torney. <br /> <br />ke c~'s--~.~. <br />~ i-iayor <br />